Russia to global carmakers: Beef up local presence

Newswire

* Deadline for foreign car makers to commit falls Monday * Autos groups to commit to 300,000 cars a year by 2015 * In return, Russia will scrap import fees on parts * Volkswagen, Fiat among those signed up. GM not yet By John Bowker MOSCOW, Feb 28 (Reuters) - The world's biggest carmakers have until the end of Monday to sign up for Russia's latest scheme to entice major players and strengthen its local industry ahead of any future crisis. Russia was on the verge of overtaking ...

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